Abstract:
The ultimate goal for conducting the research was to find the role of corporate governance in the
firms of Pakistan listed on the stock exchange. The study covers the data from 2011-2013. CG
index and regression analysis was used for this purpose. The CG index score were made in
comparison to the other financial indicators that are ROA, ROE, and Price to Book ratio and P/E
of the selected firms to find the impact and correlation on each. The results indicated that there is
a positive relation with the selected ratios and firms performance against the corporate
governance practices. The results of this research can be used on the practical areas as well;
however keeping this in mind that Pakistan is going through the tough scenario it is difficult for
the firms to incorporate the governance practices in the best manner.
